RBI cuts repo rate by 25 bps to 6.25% after 5 yrs

India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes borrowing cheaper for individuals and businesses, which can lead to increased spending and investment.
RBI Repo Rate | How RBI Rate Cut Could Benefit The Common Man?
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark rate on Friday. The Monetary Policy Committee, headed by the new RBI Governor Sanjay Malhotra,
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
EMIs set to fall as RBI trims repo rate for 1st time in 5 years
Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary policy framework.
Foreign banks, brokerages see RBI cutting rates by another 25 basis points in April
Foreign banks and brokerages anticipate RBI to cut repo rate by 25 bps in April, with focus on liquidity and growth.
Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
RBI Repo Rate Cut: Will your loan EMIs decrease?
RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing more affordable and boost spending.
India central bank cuts key rate for first time in nearly five years to spur economy
India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It's India's first rate cut in almost five years, but one widely expected from the Reserve Bank of India's new governor.
India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
Instant view: India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
Gold Price In India Today After Repo Rate Cut: 24K/100 Grams of Gold Rate Rally Rs 1,600; Silver Price Flat
In India, 24k of 100 grammes of gold will cost Rs 8,66,700 today, up Rs 1,600 from Rs 8,65,100 yesterday. Meanwhile, the ...
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RBI MPC Meeting Live Updates: Sensex, Nifty 50 end in the rate following a 25 basis point repo rate cut
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...